Consumer Credit Act 1995

147.—
(1) Where the holder of a credit intermediaries authorisation ceases to act on behalf
of any undertaking specified in the authorisation or commences to act as a credit
intermediary on behalf of any undertaking not specified in the authorisation, the
holder shall upon such cessation or commencement inform in writing the Director of
the changes and forward the authorisation to the Director, and the Director shall
accordingly, as he sees fit, amend the authorisation or issue another authorisation
incorporating the change.

(2) The holder of a credit intermediaries authorisation to whom
subsection (1) applies shall comply with the requirements of that subsection.